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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

UAB „Projektų ekspertizė“ was registered in 1995. The main activity of the company is engineering and related technical consultancy, general and partial examination of new projects for construction, reconstruction and repair, and expertise in construction works.

Financial results

P/L Statment

2017 2018 2019 2020
Revenue 648 721 796 1,008
Cost of goods sold 292 371 505 628
Gross profit (loss) 356 350 290 380
Gross profit margin 55% 49% 37% 38%
Operating expenses 277 285 164 210
Operating profit (loss) 79 65 126 170
Operating profit margin 12% 9% 16% 17%
EBITDA 94 79 138 180
EBITDA margin 14% 11% 17% 18%
Net profit (loss) 71 57 114 139
Net profit margin 11% 8% 14% 14%
2018-06 2019-06 2020-06 2021-06
Revenue 274 358 344 354
Cost of goods sold 165 232 217 220
Gross profit (loss) 109 127 127 134
Gross profit margin % % 35% 38%
Operating expenses 67 68 75 83
Operating profit (loss) 42 59 52 51
Operating profit margin % % 16% 14%
EBITDA 66 57
EBITDA margin % % 18% 16%
Net profit (loss) 37 52 44 45
Net profit margin % % 15% 13%

Balance sheet

2017 2018 2019 2020
Non-current assets 417 311 308 307
Intangible assets 1 1 1 1
Tangible assets 168 160 158 156
Financial assets 249 150 150 150
Other non-current assets
Current assets 250 284 324 480
Inventories and prepaid expenses 3 3 3 7
Accounts receivable in one year 82 61 109 212
Other current assets
Cash and cash equivalents 165 220 213 261
Total assets 673 597 635 790
Equity 602 542 578 624
Grants and subsidies
Liabilities 71 55 56 166
Financial liabilities
Long-term liabilities
Short-term liabilities 71 55 56 166
Equity and liabilities 673 597 635 790
2019-06 2020-06 2021-06
Non-current assets 260 307 207
Intangible assets 0 1 1
Tangible assets 160 156 156
Financial assets 100 150 50
Other non-current assets
Current assets 349 285 477
Inventories and prepaid expenses 2 3 7
Accounts receivable in one year 151 138 170
Other current assets
Cash and cash equivalents 197 145 300
Total assets 617 602 694
Equity 517 529 548
Grants and subsidies
Liabilities 100 73 146
Financial liabilities
Long-term liabilities
Short-term liabilities
Equity and liabilities 617 602 694

Financial ratios

2018 2019 2020
Capital return ratios
Return on assets (ROA) 9% 18% 20%
Return on equity (ROE) 10% 20% 23%
Return on capital employed (ROCE) 25% 45% 55%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 5.19 5.75 2.90
Quick ratio 5.14 5.70 2.86
Turnover ratios
Asset turnover 1.14 1.29 1.41
Fixed asset turnover 1.98 2.57 3.28
Equity turnover 1.26 1.42 1.68
Profitability ratios
EBITDA margin 11% 17% 18%
Operating profit margin 9% 16% 17%
Net profit margin 8% 14% 14%
Other ratios
Dividends to the State 77.17 93.40 121.30
Dividends paid / net profit 1.36 0.82 0.87
2019-06 2020-06 2021-06
Capital return ratios
Return on assets (ROA) % % 22%
Return on equity (ROE) % % 26%
Return on capital employed (ROCE) -2% 20% 15%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio
Quick ratio
Turnover ratios
Asset turnover 1.16 0.56 0.55
Fixed asset turnover 2.75 1.21 1.38
Equity turnover 1.39 0.66 0.66
Profitability ratios
EBITDA margin % 18% 16%
Operating profit margin % 16% 14%
Net profit margin % 15% 13%
Other ratios
Dividends to the State
Dividends paid / net profit

Expectations of the state

About the company

  • Official nameUAB „Projektų ekspertizė“
  • Legal formPrivate limited liability company (UAB)
  • Company code120091161
  • SectorOther
  • Line of businessConstruction planning and analysis
  • Institution representing the StateMinistry of the Economy and Innovation
  • Share belonging to the State100%
http://www.proex.lt/
Return to the State

121 EUR thousand

ROE

23.2%

Number of employees

25

Financial data provided as at end-December 2020

Management

  • Arvydas KuralavičiusDirector General

Information as of: 2021/10/01